Uniparts India Limited IPO
Provider of engineering systems and solutions Uniparts India Ltd has submitted the first paperwork to the capital markets watchdog Sebi in order to seek money through an initial public offering (IPO). The inaugural share offer is solely an Offer for Sale (OFS) of 15,731,942 equity shares by promoter group firms and current investors, according to the Draft Red Herring Prospectus (DRHP). The Karan Soni 2018 CG-NG Nevada Trust, The Meher Soni 2018 CG-NG Nevada Trust, Pamela Soni, and investors Ashoka Investment Holdings Ltd and Ambadevi Mauritius Holding Ltd are the promoters group companies providing shares in the OFS. The corporation won’t get any cash from the public issue because the IPO (Initial Public Offering) would be purely an OFS.
Price Band | ₹548 - ₹577 Per Share |
Lot Issue Size | 25 Shares |
Issue Size | Approx ₹835.61 Cr |
Offer for Sale | Approx ₹835.61 Cr |
Face Value | ₹10 Per Equity Share |
Listing at NSE, BSE
| IPO Open Date | November 30, 2022 |
| IPO Close Date | December 02 2022 |
| Allotment Date | December 07, 2022 |
| Initiation of Refunds | December 08, 2022 |
| Credit Of Shares | December 09, 2022 |
| IPO Listing Date |
About Uniparts India Limited IPO
Uniparts India Limited is a manufacturer of engineered systems and solutions. The company is one of the leading suppliers of systems and components for the off-highway market in the agriculture and construction, forestry and mining (“CFM”) and aftermarket sectors with the presence across over 25 countries.
The company’s product portfolio includes core product verticals of 3-point linkage systems (“3PL”) and precision machined parts (“PMP”) as well as adjacent product verticals of power take-off (“PTO”), fabrications and hydraulic cylinders or components. Uniparts is a concept-to-supply player for precision products for off-highway vehicles (“OHVs”) with a presence across the value chain
In India, the company have five manufacturing facilities, two at Ludhiana, Punjab, one at Visakhapatnam, Andhra Pradesh, and two at Noida, Uttar Pradesh.
Uniparts also have a manufacturing, warehousing and distribution facility at Eldridge, Iowa, acquired under the acquisition in 2005 of Olsen Engineering LLC, now known as Uniparts Olsen Inc. (“UOI”) and a warehousing and distribution facility at Augusta, Georgia.
The company’s global business model is based on :
1. The sales in regions outside India (“International Sales”).
2. The sales from our dual shore manufacturing facilities in India and the United States, in their respective domestic markets (“Local Deliveries”).
3. Export sales from Indian locations directly to overseas customers (“Direct Exports”).
4. Sales from the warehousing facilities in their respective domestic markets (“Warehouse Sales”).
Dharmaj Crop Guard IPO Objectives
- To carry out the Offer for Sale of up to 15,731,942 Equity Shares by the Selling Shareholders.
- To achieve the benefits of listing the Equity Shares on the Stock Exchanges.
Why should you invest in the Uniparts India Limited IPO?
- Between 2020 and 2025, with increasing mechanisation in India’s agriculture sector, the supply of tractors is expected to increase at a CAGR of around 4%, coupled with rising in the average price of 3PL parts in the market, due to a hike in raw material cost. This will lift demand for 3PL at a CAGR of around 7%.
- Key driver for the construction equipment industry is the investment in infrastructure projects. From 2021-2025, growth is expected to be driven by North America, Europe and India due to higher expected investment in infrastructure projects. However, stable growth in major geographies such as China and Japan limits the growth of the construction equipment industry at 2-4% from 2021 to 2025
Financial Highlights
| ₹ in Crores | |||
| Financial Year | Revenue | Expense | PAT |
| March 2019 | ₹939.44 | ₹1062.48 | ₹69.06 |
| March 2020 | ₹898.75 | ₹938.84 | ₹62.64 |
| March 2021 | ₹893.27 | ₹947.69 | ₹93.15 |
| 31 March 2022 | ₹1031.18 | ₹1231.04 | ₹166.89 |
| 31 Jun 2022 | ₹1063.61 | ₹347.76 | ₹50.52 |
Uniparts India LimitedIPO Review
- To Be Updated
Brokerage Firm IPO Review
- To be updated soon
Uniparts India Limited Subscription Status Today
| Category | Subscription (times) |
| QIB | 0.00 |
| NII | 0.90 |
| Retail | 0.77 |
| Total | 0.58 |
| Category | Subscription (times) |
| QIB | 0.92 |
| NII | 3.41 |
| Retail | 2.01 |
| Total | 2.02 |
| Category | Subscription (times) |
| QIB | 67.14 |
| NII | 17.86 |
| Retail | 4.63 |
| Total | 25.32 |
Uniparts India Limited IPO Pros & Cons:
| PROS | CONS | |
|---|---|---|
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In the global off-highway vehicle systems and components industry, Uniparts India is the market leader. |
A major amount of the company’s revenue comes from a small number of consumers.
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The company’s cost-competitiveness and customer supply chain risks are optimised using a global business model. |
Their business, cash flows, financial situation, results of operations, and prospects may all suffer if they are unable to effectively estimate demand for their products.
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The company’s long-term connections with key global customers, including major OEMs, have resulted in a revenue base that is well-diversified. |
The availability and cost of raw materials and labour may have a negative impact on their business, financial situation, operating results, and future prospects.
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Uniparts India has a wide range of scales and flexibility provided by strategically situated manufacturing and – warehousing facilities. |
They are vulnerable to swings in foreign currency exchange rates, which could impair their business, cash flows, financial condition, prospects, and operations and cause their results to fluctuate.
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IPO Grey Market Premium, Latest IPO GMP
Grey Market Premium on 24-11-2022 : ₹-
How to apply for Uniparts India Limited IPO
Competitive Peers
( No Information )
Uniparts India Limited IPO Registrar
Link Intime India Private Ltd
Phone: +91-22-4918 6270
Email: uniparts.ipo@linkintime.co.in
Website: https://linkintime.co.in/
Uniparts India Limited Allotment Status Check
- Check Uniparts India IPO allotment status on Linkintime website allotment URL. Click Here
Uniparts India Limited IPO Lead Managers
- Axis Bank Limited
- DAM Capital Advisors Ltd (Formerly IDFC Securities Ltd)
- JM Financial Consultants Private Limited
Company Address
Uniparts India Limited
Gripwel House, Block – 5,
Sector C6 &7, VasantKunj
NewDelhi 110070
Phone: + 91 120 458 1400
Email: compliance.officer@unipartsgroup.com
Website: https://www.unipartsgroup.com/
How to apply for Dharmaj Crop Guard IPO
Uniparts India Limited IPO FAQs
The investors’ portion for QIB is 50%, NII is 15%, and Retail is 35%.
shares will be available on Dec 05, 2022.
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on IPO. You will see the IPO Name “Kaynes Technology Ltd”. Click on Bid Button. Enter your UPI ID, Quantity, and Price. Submit IPO Application Form. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Zerodha.
Log in to the Upstox Application with your credentials. Select the IPO. You will see the IPO Name “Kaynes Technology Ltd”. Click on Bid Button. Confirm your Application. Now go to your UPI App on Net Banking or BHIM App to Approve the mandate. Open Demat Account with Upstox.
